The article announces the plans of Fresenius Medical Care to cut its 862 million dollars junk bond deal on its floating-rate tranche with the objective of using the proceeds to make acquisitions and to refinance existing debt.

The article reports that health-care companies have returned to the high yield bond market with success brought by investors. Four health-care-related companies, including Vanguard Health Systems, Fresenius Medical Care and National Mentor, have issued junk bonds totaling 2.48 billion U.S....